Hyderabad Metro: Shamirpet Corridors to Be Completed By March End

08 Jan 2025 CW Team

The Chief Minister A Revanth Reddy ordered the officials to complete the Detailed Project Reports (DPRs) for the proposed Metro Rail projects in the Future City, Shamirpet and Medchal areas by March-end. He asked the authorities to get the approval of DPRs from the Union Government for three metros rail networks and call tenders by April-end. During a review on the progress of metro expansion, development of the radial roads and elevated corridors in the city on Tuesday, the Chief Minister asked officials to complete the land acquisition for the metro rail projects on the stretch of Rajiv Gandhi International Airport-Future City Metro (40 km), JBS-Shamirpet Metro (22 km) and Paradise-Medchal Metro rail (23 km) immediately. It was emphasised that the elevated corridors should be developed to meet the future needs and a comprehensive study should be done at the field level while designing the alignment. The Chief Minister suggested the metro line works on Medchal stretch be taken up keeping in mind the already existing the flyovers on the National Highway on the route and instructed them to start the construction of elevated corridors at the earliest. The Shamirpet and Medchal metros rail network will start at the same place and a big junction will be established with modern facilities to meet the future needs, Revanth Reddy said, suggesting the junction should ensure all facilities are available there. He also ordered that the construction of radial roads should be developed by the Hyderabad Growth Corridor Limited (HGCL). The Chief Minister’s Advisor Vem Narender Reddy, State Government Advisor (Infrastructure) Srinivasa Raju, Special Secretary to the Chief Minister Ajith Reddy, Municipal Commissioner and Urban Development Department Principal Secretary Dana Kishore, Hyderabad Metro Rail MD NVS Reddy, HMDA Commissioner Sarfaraz Ahmed, Flagship Programmes Commissioner Shashanka and others participated in the review.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..